Week 1: Net-worth

The main thing we want you to get out of week 1 is the importance of tracking your net worth. Check out my how much are you worth blog post. The blog post includes a spreadsheet template that you can download and fill in. 

To get the most out of this course you must do the homework! Remember what the most dangerous words are when you're learning something? "I know that". None of this is rocket science. You might know this but are you actually doing it?! Are you implementing?

So here is the homework for week 1...

1. Open a savings account for your emergency fund if you don't already have one. Start putting money into it! Initial aim is to put £1,000 in (or whatever the equivalent of this in your currency)
2. Calculate your net-worth using the net-worth tracker template. If you already have your own template you don't have to use ours. The important thing is doing it! Click here for the template

Optional additional homework
3. Work out how much you've earned over your lifetime. We've created a template to help you do this. Click here for the template
4. Compare 2. (your net-worth) and 4. (your lifetime earnings). How much of what you've earned have you kept? Warning: this may bring up some emotion!
5. Discuss what you've discovered with your partner/family/friends or tell us in the Facebook group

Ask for help
Remember to reach out in the Facebook group with any questions you have or if you get stuck. Don't let confusion be an excuse for not progressing with this stuff. We are here to support you!